Tribeca

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  • 117 W Broadway New York City New York 10013 United States
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1REC's Take
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Rents
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1REC's Take
Pros

✔ Upscale neighborhood ✔ Family-friendly ✔ Good schools and parks

Cons

✘ High property prices ✘ Limited public transportation options ✘ Quiet during weekends

Shopper Profile

✦ Wealthy Residents: High-income families and professionals ✦ Celebrities: Frequent sightings in the area ✦ Preferences: Luxury brands, fine dining, exclusive events

About Location
An epitome of downtown luxury, Tribeca seduces with its cobbled streets and historic warehouses turned luxe lofts. A haven for the affluent, its retail landscape boasts designer boutiques and upscale dining. Given its prestige, rents are among the highest, predominantly overseen by upscale developers and landlords.
Trade Area Summary

Basic Demographics

Median Household Income: $112,279
Consumer Expenditure: $26,166,366,454
Population: 655,689
Daytime Population: 1,252,090
Source Notes: Data reflects 20 minute drive times as of Q3 2023 (Experian) and is provided by Dallimore & Co, a boutique advisory firm specializing in growth strategy, real estate solutions, and M&A for specialty retail and consumer brands.

Household Segment Breakdown

Segment #1: A – Ultra Wealthy Families (59%)
Segment #2: G – Educated Urbanites (37%)
Segment #3: J – Sunset Boomers (3%)
All Other Segments: 2%

Source Notes: Segment data reflects 0.25mi radius and is provided by Spatial.ai, an AI-Powered segmentation platform for retail marketers.

Occupancy
Tenant Sales per Square Foot: $950
Occupancy Rate: 92%
Anchor Tenants: Whole Foods, Target
Tenant Rent/Sales Ratio (%): 21.1% – 42.1%
Rent $ / Visitor: $85.71 – $171.43
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $141
Median Rent (psf): $116
Rent Range (psf): $116-$138
Rent Variability: Medium
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon Fios
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: Be Featured! Contact Us

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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 117 W Broadway
New York City
New York
10013
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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